Location
Agent Comments
Great investment opportunity! Spacious 2-family home located off Bailey Ave featuring a total of 8 bedrooms and strong income potential.
The front apartment is vacant and move-in ready, offering a living room, large kitchen with new flooring, 2 bedrooms, full bathroom, and convenient in-unit laundry hookups. Perfect for an owner-occupant or ready for a new tenant immediately.
The rear duplex apartment is currently rented to long-term tenants paying $1,250/month. This spacious unit features a first floor with living room, dining room, large kitchen, full bathroom, and 2 bedrooms. The second floor includes 4 large bedrooms, providing plenty of space for a large household.
Potential gross income can reach approximately $2,500/month while maintaining low yearly expenses. City taxes, user fee, and water are approximately $2,600 annually, making this property an excellent cash-flow investment opportunity.
Amenities
- Gas Water Heater
Interior Features
- Cool System: Other, See Remarks
- Heat System: Gas, Other, See Remarks
- Floors: Other, See Remarks
- Fireplaces: 0
Exterior Features
- Parking: No Driveway
- Siding: Other, See Remarks
Additional Features
- County: Erie
- Property Type: Multi Family
- Tax Number: 140200-101-800-0006-030-000
- Water/Sewer: Connected, Public
- Year Built: 1900